Unity Enterprise Holdings Limited (HK:2195) has released an update.
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Unity Enterprise Holdings Limited is set to acquire a 100% equity interest in a target company for HK$45.7 million. The acquisition will be financed through the issuance of consideration shares and a promissory note, making the target company a wholly-owned subsidiary. This strategic move is classified as a major transaction under Hong Kong’s listing rules, pending shareholder approval.
For further insights into HK:2195 stock, check out TipRanks’ Stock Analysis page.